Calstrs CIO on Wal-Mart, Facebook BoardsCa

May 2 (Bloomberg) -- Christopher Ailman, chief investment officer of the California State Teachers’ Retirement System talks about private equity fees, allegations of bribery at Wal-Mart Stores Inc.'s subsidiary in Mexico and the composition of Facebook Inc.'s board. He speaks with special correspondent Willow Bay at the Milken Institute 2012 Global Conference in Los Angeles. (Source: Bloomberg)